REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 May 2023 |
for |
Ospringe Place Residents Association Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 May 2023 |
for |
Ospringe Place Residents Association Ltd |
Ospringe Place Residents Association Ltd (Registered number: 10186072) |
Contents of the Financial Statements |
for the Year Ended 31 May 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Ospringe Place Residents Association Ltd |
Company Information |
for the Year Ended 31 May 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Shadwell House |
65 Lower Green Road |
Tunbridge Wells |
Kent |
TN4 8TW |
Ospringe Place Residents Association Ltd (Registered number: 10186072) |
Balance Sheet |
31 May 2023 |
2023 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Ospringe Place Residents Association Ltd (Registered number: 10186072) |
Notes to the Financial Statements |
for the Year Ended 31 May 2023 |
1. | STATUTORY INFORMATION |
These members' accounts reflect the transactions and balances which are deemed to be held on a statutory trust basis for the Members of Ospringe Place Residents Association Ltd, a company incorporated in England & Wales under company number 10186072. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
There are no significant judgements or estimates pertaining to these accounts. |
Service charge income |
Service charge income represents maintenance contributions receivable from members. |
Taxation |
The limited company; Ospringe Place Residents Association Ltd, is a members' management company. It does not trade and therefore does not pay corporation tax on any surplus it earns with the exception of paying corporation tax on any taxable income it earns from non-members. |
Deferred tax |
Deferred taxation has no application to these members' accounts. |
Functional currency |
The functional currency used by the company is £ Sterling. |
Financial instruments |
Basic financial instruments comprising debtors, bank and cash balances are recorded at fair value. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2022 - NIL). |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
5. | RESERVES |
Retained |
earnings |
£ |
Profit for the year |
At 31 May 2023 |